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581  Economy / Gambling discussion / Re: You got a pifzer ? Then you can be eligible for lottery in Poland. on: July 18, 2021, 01:23:30 PM
ORLY?  Roll Eyes
In my country, at least 40 percent of ardent antivaxxers (more precisely, opponents of vaccination against covid). The government puts pressure on enterprises to force people to get vaccinated, but many refuse and the struggle goes to the extent that they quit their jobs to avoid getting vaccinated. I do not know 100% what is happening in other countries, but from the information that I receive your numbers and assumptions look wrong.

It also depends on the type of vaccine that is used. For example, I have heard that in countries such as Indonesia, Chile and Mongolia, the infection rates have gone up after using the Chinese (Sinovac/Sinopharm) vaccines. So there may be resistance from a large section of the population against using these vaccines. What is the point in taking the vaccine, if it is not effective? Also, the chances of adverse reaction is much higher with Pfizer vaccine, when compared to other vaccines (as much as 10x). These factors can discourage a lot of people from taking the vaccine.
582  Economy / Gambling discussion / Re: Olympics 2020/2021 : Discussion & Predictions on: July 18, 2021, 01:11:11 PM
I particularly don't understand why they are doing these Olympic games even with this new variant, why didn't they postpone it to a date when at least 60% of the population was vaccinated and the virus was under control?

I don't agree. They already postponed it once. There is no point in postponing it further, since the next edition is supposed to take place in 2024. Olympics is the largest sporting event in the globe and it happens only once every four years. If it is postponed or cancelled, tens of thousands of athletes may never get a chance to compete at this level again (for many of the athletes, the peak performance lasts only for 4-5 years). The risk is there, but it is very low. All the athletes and the remaining members of the staff are vaccinated with two doses of the Pfizer vaccine. On top of that, they are not allowing any spectators. Any chance of someone getting infected with COVID at the venue is very low. 
583  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 18, 2021, 12:59:42 PM
bitmover has already answered the concerns raised by the OP. One question to the OP - if Bitcoin is so attractive to the criminals, then why the usage of BTC for illegal purposes is going down? And increasingly we are hearing reports about BTC from criminal proceedings seized by the authorities. BTC may be easier to use, but it is not anonymous and can be traced back to the individual with some effort. That explains why fiat cash remains the preferred medium for the criminals. And regarding the SHA-256 Algorithm - it will remain safe for the next two decades at least. If needed, the developers will issue a hard fork and move to a more secure algorithm.
584  Economy / Economics / Re: Higher Inflation Is Here to Stay for Years on: July 18, 2021, 12:47:22 PM
More people say store of value now than ever before, but my point about that would be the same.  An asset needs to have a reliably predictable and steady value to be a store of value.  Bitcoin I wouldn't say fits due to its extreme volatility.

I slightly disagree. An asset needs to have a value that doesn't go down drastically in the long term to be used as a store of value. If the value goes up in the long-term, then it is not an issue. And I don't think that stability and predictability needs to be there. If that is the case, then even gold can't be termed as a store of value. Because during the 2011-16 period, gold prices went down by 40%. If you talk about US treasury bonds, then in fiat terms the value is stable. But the returns are only around 1.1%-1.2% per year, while the current inflation rate is in the 5%-6% range.
585  Economy / Economics / Re: FBI aims to keep valuables, $86M cash confiscated in safe deposit store raid on: July 18, 2021, 12:35:25 PM
Exactly, I think that it's within their power to seize the items and as the quote above says, they're the FBI and you won't be able to do much about them because they are acting on federal level so they aren't to be messed with. It may sound unfair to us but we don't exactly know the full story behind the seizure and why they kept the valuables.

No. It is not within their power to seize these assets. And that is the reason why the judge (Steve Kim) rejected the request from the FBI to keep the valuables with themselves. The judge was very clear when he said that if the FBI want to seize these assets, then they need to present solid evidence to prove that they are proceedings from crime (FBI was arguing for the reverse scenario - the owners should first present evidence to claim that these assets are not linked to any criminal transaction). So we can say that at least in this instance, the FBI is not getting what they wanted.
586  Economy / Economics / Re: Will Bitcoin be infinite? on: July 18, 2021, 12:23:07 PM
This is why I always argue in favor of limiting the number of threads the noobs can post in this forum. Look at the title and the post. It creates a lot of confusion and is very vague. I still don't understand what the OP mean by "infinite". Is it related to the supply, or with regards to the survival of Bitcoin? In both cases, he is wrong. Bitcoin supply is not infinite. Even someone with basic understanding of Bitcoin knows that. Do we need a separate thread to discuss it? And regarding the survival of Bitcoin, like any other technological innovation, at some point of time in the future, Bitcoin also will be replaced by a better technology.
587  Economy / Economics / Re: Are Renewable Energy resources the future? on: July 18, 2021, 12:13:16 PM
A few years ago, I believe that renewable sources of energy are not viable, because they are much more expensive when compared to fossil fuels. But the technological advancement in this field has made wind/solar/tidal/geothermal energy very competitive when compared to the other sources. One big issue is with oil. While renewable sources of electricity will be able to replace coal and natural gas in electricity generation, there exists no good alternative for gasoline driven vehicles. EVs are 2-3 times more expensive when compared to gasoline driven vehicles. I just hope that this situation will change in the near future.
588  Economy / Economics / Re: BTC is helping out Cubans and Venezuelans on: July 18, 2021, 12:01:23 PM
It's not just Cuba and Venezuela. Paraguay is about to introduce a new bill on cryptocurrency regulation and there have been a lot of hype regarding it in the market. I don't expect anything revolutionary coming out of it (similar to what happened in El Salvador). But it is gladdening that most of the world seems to be moving in the right direction with respect to cryptocurrency (obviously there are a few exceptions, such as China and Vietnam). Those countries which take a more conciliatory approach towards cryptocurrency will benefit in the future, because it represents the next big thing in technology. China is going to regret, because CBDC can never replace cryptocurrency.
589  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 17, 2021, 05:46:48 AM
Do not under estimate the Pakistani team when it is about T20 matches. I understand that they are not good in ODI or test matches, but Pakistan is one of the best teams for T20. I think Pakistan will win the series 2-1  Cool

Well... T20 format favors unpredictable teams such as Pakistan and West Indies. That said, the credit for yesterday's win should go solely to the batsmen. Without such an imposing total, Pakistani bowlers could have struggled to contain the England batsmen. The required run rate was almost 12 runs per over, and for the inexperienced England batsmen, it was a tough task. The big question here is whether Pakistan can perform well against the regular England players. What will happen in case the regular bowlers such as Sam Curran, Chris Jordan, Chris Woakes and Adil Rashid are available? The England XI for yesterday's match was more like a second string side. 
590  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 16, 2021, 07:27:50 AM
Yeah, 2 back to back Border-Gavaskar Trophies failure, dropped from the ashes in 1 match, i guess. Kinda declining after his stellar performance in the World cup, although he did excellent job against Kiwis in 2020 home series but again New Zealand is their Srilanka.

I think Cummins would come back soon and then it should be okay overall.

Windies is fav finalist for next T-20 WC
England-NZ seems fav for the next WC
Pakistan is potential candidate for the next WTC finalist, if they get their shit together. Their fixture seems easy in this cycle.

Right now, Cummins is their best available bowler. Starc is getting more and more wayward. Starc/Cummins is not the right bowling combination, because both of them rely on raw pace rather than good line and length. One better alternative would be Starc/Hazlewood or Cummins/Hazlewood.

IMO, I would rank the teams like this for the T20 World Cup:

1. West Indies
2. India
3. New Zealand
4. England
5. Australia

I have given a higher ranking for India, because I guess they will be able to adjust with the conditions in UAE/Oman better than the other teams.
591  Economy / Economics / Re: After 1 year of Covid 19 Virus on: July 16, 2021, 06:07:11 AM
There are people who are still hesitant to get vaccinated, eventually, they will be a liability in the long run because when the world is back to normal, people will be required to get vaccinated in order to live a normal life. What I mean is, like we usually do before the pandemic, like going to the malls, be in crowded places, and etc.

The problem is that 70% to 80% vaccination rate is needed to achieve herd immunity. If large sections remain unvaccinated, then the herd immunity can never be achieved. And there is another risk factor as well. If the infection rate doesn't subside, then there is a greater chance of new mutations with the virus. And eventually there will be a mutation which produces a vaccine-resistant strain of the virus. And that will push back all the efforts by two years and if that happens then the vaccines need to be invented yet again. 
592  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 16, 2021, 05:47:11 AM
You know what's the motivation here, at least someone is winning on visit from the PAK side. Anyway, because it's ladies game the quantity of concerning individuals is reduced. They play cricket too and they deserve out support as well. This is actually world wide problem, we should change our attitude towards women's tournament. There is a restriction Pakistan Pakistan women's cricket, responsible board should take action in this regard.

You can't compare women's cricket to other women's sport such as football, basketball and hockey. For the ICC, the primary concern is revenue and not the popularity of the sport. As long as the revenues remain low for women's cricket, neither the ICC, nor the national cricket boards are not going to take it seriously. CA, CNZ and ECB are forced to give more attention, because of the gender equality laws prevailing in their countries. But for Asian nations, I don't see any improvement in the situation in foreseeable future.
593  Economy / Economics / Re: Can the world be without poverty on: July 16, 2021, 05:34:55 AM
It may reduce poverty, but it is impossible to eliminate poverty completely, because the global economy of COVID-19 has decreased. Even if the economy is slowly recovering, many poor families are still becoming poorer. Many ordinary families may be due to the economic downturn Have an impact. But these poor families are also working hard to reduce the poverty gap, but these efforts are insignificant, but the poor have a poor lifestyle, and they still have to spend every day happily.

Most of the progress that has been made against poverty during the last decade has been undone by the pandemic. In the worst affected countries such as Brazil and India, the number of people living in extreme poverty has gone up drastically. And the full impact from the pandemic is yet to appear. It will be visible in the next one or to years, as the governments run out of money for their stimulus packages. It is going to be difficult times for people across all social and economic classes. And the effects will be more amplified for those without significant savings.
594  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 15, 2021, 05:56:16 PM
I might be wrong but Imo and observation Strac lost all his mojo after Sand_paper_gate_saga. I noticed him struggling numerous time after his South Africa's stint. He might still able to give match winning spell once a while which everyone witnessed in last T-20 match against Windies but its clear that he's not same the Starc.

It may or may not be due to the sand paper scandal. But for the last many years, his form has remained poor. As you mentioned, once in a blue moon he performs like a world class bowler. But on majority of the occasions, he is quite ordinary. But the problem for Australia is that he's still their best bowler. This is not the Australian team we had one or two decades ago. Perhaps Mitchell Johnson was their last world class bowler. After he retired in 2018, Australian bowling has struggled, especially in pace department. Also, Starc used to perform well when he bowled in tandem with Mitchell Johnson.
595  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: July 15, 2021, 04:50:26 PM
One bad news coming from England. Rishab Pant and one staff member Dayananda Garani tested positive. They are in isolation along with Back up Wicket keeper Saha, one young net bowler (not verified)and bowling coach Bharat Arun as 3 of them were in contact with Dayanand Garani (throwdown specialist).

Pant, throwdown specialist test positive for Covid-19

This is not a good sign. It looks like the COVID situation in England is once again worsening. I am quite surprised, because they have achieved more than 60% vaccination. The Delta variant seems to be resistant to the vaccines to some degree, and that is probably causing the spike in England. But my biggest worry is that once again the matches will be called off and we will be having a situation similar to what happened in 2020. Already many of the bilateral series have been postponed. If there is any more disruption, then these matches will be called off.
596  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 15, 2021, 04:38:31 PM
Experienced bowlers aren't important always. T20 is a short form of cricket, a good bowler gets much priority than a experienced bowlers in this format. A bowler needs to make few good delivery to create pressure on batsman. Starc have bowled perfectly in his last over, his bowling speed was impressive. Which helped them to get the victory. He was an expensive bowler too in this match.

Starc has the experience, but he is very inconsistent. And bowlers such as Starc and Meredith are like express pace bowlers and they are more suitable for the test format rather than the shorter formats. In T20, there is no room for error. Bowlers like Starc sprays ball all over the place and that sort of bowling is not suitable for T20. And especially so, if they are playing against a team like the West Indies. The only Australian bowler who I believe has the capability to bowl well in shorter format is Josh Hazlewood. Mitchell Marsh may be another one, but he is not a full time bowler.
597  Alternate cryptocurrencies / Altcoin Discussion / Re: Give reasons why ETH is better than BSC on: July 15, 2021, 02:20:46 PM
In terms of technology and transaction fee, Binance Smart Chain may be better. But in cryptocurrency sector, there is a lot of importance for decentralization. And at least nominally, Ethereum is decentralized. That can't be said about the BSC, because it was created by the Binance exchange. Let me give an example. Let's say that a court in the United States has ordered a certain cryptocurrency transaction to be reversed and the tokens/coins to be seized. We all know that it is not possible with Ethereum, since the promoters don't have the power to do that. But the case with BSC is different. They can (at least theoretically) freeze the coins/tokens and seize them.
598  Bitcoin / Press / Re: 2021-07-10 Medium - How Much Will One Bitcoin Be Worth In 20 Years? on: July 15, 2021, 02:07:49 PM
IMO, Bitcoin will be able to achieve it's peak valuation in another 10 years or so (~2030). I don't want to predict the scenario for very distant future, because similar to other technological innovations, Bitcoin also has a limited shelf-life. In fact it is surprising that despite so much of competition from technologically superior altcoins such as Cardano, Polkadot and Chainlink, none of them have even come close to topple Bitcoin from the top position. Anyway, I am skeptical about Bitcoin surviving for the very distant future. The current format for private keys are not going to hold for more than 10-15 years from now. Either Bitcoin will be replaced, or it will undergo hard-forks to remove the vulnerabilities.
599  Bitcoin / Bitcoin Discussion / Re: T-Mobile Sued Over SIM Attack That Resulted in Loss of $450K in Bitcoin on: July 15, 2021, 01:55:14 PM
Here in India, I have heard about a great number of sim-swap attacks (although none of the cases involved cryptocurrency). Users have lost huge amounts of cash (obviously fiat) in these attacks. Now the mobile companies have introduced several precautions against this measure. For example, if you are de-activating your SIM card and getting another one with the same number, then it will be activated only after 24 hours. That means that you can't receive any SMS or calls for 24-hour duration. And in case the SIM swap is done through fraudulent means, then the victim has enough time with him to report the incident to the telecom provider and revert the process.
600  Bitcoin / Bitcoin Discussion / Re: The Crypto bans are temporary, we are on the right side of history. on: July 15, 2021, 01:28:17 PM
I completely agree with the OP. It is stupidity from the part of the governments to believe that they can curb the spread of cryptocurrency by laws, prohibitions and regulations. Individuals will continue to invest in cryptocurrency, because inflation will make all the other assets less attractive in the future. Apart from gold, Bitcoin is the only asset that is protected against inflation. And in order to deter people, the government needs to arrest millions of individuals and put them in jail. I don't think that they have the courage for all that.
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